Qzov Oil holds near $32 ahead of OPEC-led talks on output cuts
ISLAMABAD:After a botched a
shoes dunks ttempt to let the rupee fall in July last year, and two subsequent rounds of devaluation, Pakistan is unlikely to see its currency weaken further, said Adviser to Prime Minister on Finance Miftah Ismail.The Pakistani rupee weakened in July for the first time, sending shock waves across the economy before then finance minister Ishaq Dar met with bankers and the central bank to bring back the currency to its previous value.However, with Dar gone and a widening trade deficit, Pakistan has twice let the rupee fall, cumulatively weakening the currency by over 9% against the US dollar. Experts believe there may be a third round of devaluation as the trade deficit continues to widen, and foreign exchange reserves continue to fall.But Ismail wa
jordan verdi s adamant the rupee has found it eq
air force 1 uilibrium.He said exports are now on an upward trend as they increased 24% year-on-year in March. I see good things happening right now and I do not see any further need of devaluation, Isma Lggq Fazl rejects probe panel wants re-election
ISLAMABAD:The ECP reserved its judgment on Monday on two complaints filed by PTI for restraining the commission s scrutiny committee from scrutinising its foreign funding.The first complaint c
adidas originals winterjacke hallenged the committee s terms of reference (ToR) that allowed PTI s accounts to be scrutinised in the presence of the petitioner and the party s disgruntled leader, Akbar S Babar.The second complaint accused the petitioner of leaking the scrutiny process to the media and called for keeping the entire process secret.
nike jordan The committee, formed by the ECP through its March 12 orders, was tasked to commence the scrutiny of PTI s foreign funding on April 3 this year. It was mandated to complete its work within a month.PTI challenges E
adidas adilette damen CP panel in IHCHowever, the committee, headed by the DG, law and two auditors from the defense establishment, could not make progress as PTI failed to submit requisitioned documents detailing its finances by raising objections to its terms of reference and demanding secrecy o